Lloyds Banking Share Discussion Threads

[maxk] 30/11/2018 15:43

What does Tusk mean by this? cos it sounds very much like a threat.



SKY: European Council President Donald Tusk has told the G20 summit in Argentina there will be no deal or no Brexit at all if the UK parliament rejects Theresa May's Brexit agreement.

[k38] 30/11/2018 15:42

European Council President Donald Tusk has told the G20 summit in Argentina there will be no deal or no Brexit at all if the UK ...That shows how much respect democracy the dictators of Brussels... and you want to be part of this mafia group?If you stay you better transfer all your power to them valenteraly. Lol.. (Either way you have no choice as they always taking away the power from the people)

[tradejunkie2] 30/11/2018 15:33

Blimey!

Brexit: May not ruling out second MPs' vote on deal

Theresa May has refused to rule out another Commons vote on her Brexit deal if MPs reject it the first time.

[polar fox] 30/11/2018 15:05

Believe it if you will:

SKY: European Council President Donald Tusk has told the G20 summit in Argentina there will be no deal or no Brexit at all if the UK parliament rejects Theresa May's Brexit agreement.

[polar fox] 30/11/2018 14:40

TVR

Latest is 71,155,240,499, an increase of 7,866,788 compared with last month. There will probably be a much larger increase in December, following the Additional Listing RNS slipped out on Guy Fawkes evening.

[ladeside] 30/11/2018 14:12

Or maybe the unemployed youth of Europe will do the same as they do here and take worthless College and University courses to get them off the statistics, or better still, pick up a few hours work a week delivering Pizza or "picking" in their local Amazon or Sports Direct warehouses..........

[k38] 30/11/2018 13:48

"This is the deal that we have negotiated with the EU."Lol.. Why is she afraid to say that, this is not the deal I negotiate but the deal (trap) they force us to except. But if she really negotiate this deal than she must go now !!

[xxxxxy] 30/11/2018 13:38

NO WAY OUT EU leaders plotting with Remainers to delay Brexit to allow time for second referendum

[tradejunkie2] 30/11/2018 13:30

Honestly surprised the market is holding up so well given the 11th December isn't far away. LLOY is trending down as expected.

[xxxxxy] 30/11/2018 13:28

Do not sleep walk into this Book of Faeces that May is offering.

[xxxxxy] 30/11/2018 13:27

The Withdrawal Agreement is Faecal Material.

It will case chaos in the UK.

And it will destroy the Conservative Party.

[k38] 30/11/2018 13:27

I agree with Monty on this, hard Brexit spike to 39pfor very short of time, maybe a day...But that will greater a super opportunity for buys.

[xxxxxy] 30/11/2018 13:24

The Political Declaration does not save us from the trap of the Withdrawal Agreement
25 November 2018 by Martin Howe


The key point to grasp is that this declaration is not legally binding, whereas the Withdrawal Agreement (WA) will be. 

And it is worse than that. The alternative to reaching an agreement with the EU will not be to walk away with no deal. If we do not reach an agreement with the EU, the hugely damaging so called “backstop” – the Northern Ireland Protocol – will automatically kick in. I have explained the problems with this Protocol in my previous post: The Northern Ireland Protocol is neither a “backstop” nor temporary

Warm words and phrases which mean little
The PD has a number of warm words and phrases which have been inserted into it in a fairly transparent attempt by the EU to help Theresa May with her political difficulties in selling the deal. When examined carefully, these mean little or nothing, or are contradicted elsewhere in the text.
By signing the legally binding WA in advance of entering negotiations on the future relationship, she will have thrown away in advance the UK’s two most powerful cards, which are (1) making huge payments into EU budget which we do not owe under international law, and (2) giving access for EU goods exports into the UK market. Worse still, she will have forced whoever becomes her successor to negotiate under the guillotine of the ‘backstop’ Protocol which will come into force at the behest of the EU or of any one of a the 27 EU Member States which has a demand to make of the UK.
Full text:

Do NOTE 'Warm words and phrases which mean little' Aspirational words, pretty words, equivocal words mean nothing in LEGAL terms. And in the end LEGAL STUFF matters all.

In many ways it makes the UK a colony of the EU

[k38] 30/11/2018 13:16

54.5 it's a good entry but in a No vote deal expect 52.5 Yes vote will only help the price to reach 58p faster, that's all folks

[ekuuleus] 30/11/2018 12:54

Nope. The downward channel seems very precise. No vote on 11th already factored in. There'll be a spike if a yes vote. I'd think a spike up but those in control might be not want a yes vote, and have a more complex plan.

[montyhedge] 30/11/2018 12:27

No deal, hard Brexit spike to 39p. No vote 11th December, 47p. Voted through 61p.
Simple really. Thats my view.

[optomistic] 30/11/2018 11:50

Good to have a laugh k38...but not much to laugh about on here lately, well re Lloyds!

[poikka] 30/11/2018 11:41

Minerve - "I would vote for May's plan. I don't think it is as bad as people make it out to be. Business owners are generally supportive and I am with them. It was always going to be a number of steps backwards before we move forwards. Let's face reality, if we decided to do what we want later against what we agreed, who is going to be in a position to stop us and would it be worth it to them?"

M8, it IS as bad as it says it is. I've seen enough of the 500 page (no index, btw!) to be sure that it just ties us in knots - as always from the EU. Have you learnt nothing?

Reality would be that if we tried to do what we wanted after approving the "deal", there's be real chaos. Fishing wars for starters.

M8, they've made it quite clear from their ivory tower that they would make us suffer as a lesson to others - get it?

The ONLY solution is to do what I, at least, voted for - to Leave. If the EU would then like to talk, great, if not we'd be free of their shackles.

[alphorn] 30/11/2018 11:37

M - sounds thought through. Probably the difference is that IMO there is a risk of a deep 'downside' over the coming months. That is domestically, let alone globally.

I am heavily out of equities and out of GBP. Picking the time to reverse and crystallise the gains in GBP is the $64K question. Not yet IMO - but maybe wrong of course.

[k38] 30/11/2018 11:34

From the secret Brussels bible ..Servants and MastersTHE DUTIES OF SERVANTS.Obedience. The position of service, whether forced as in slavery or freely accepted as among us, implies obedience. Indeed, where the condition of service is voluntarily the disobedient servant commits a double sin; if he is unfaithful to his engagement, he is robbing his master of unearned wages.

[minerve] 30/11/2018 11:15

Alphorn

I'm guessing our objectives are different. I'm looking long-term and income with downside protection. Only a percentage of my portfolio is UK domestic but it is where I am buying ATM. I'm not going to even attempt to time the bottom. At this time of year I have other calls on my time from family and friends - so I'll buy in tranches. Some of the housebuilders are yielding close to 10% and many have shown they can continue to deliver very good yields even through recession - where house prices fall and volumes with it. Very cheap land prices and increasingly positive cashflow activity via housing association and private rented sector business make this sector great value ATM IMO.

[xxxxxy] 30/11/2018 11:13

Mrs May faces a big defeat
By JOHNREDWOOD | Published: NOVEMBER 30, 2018
It is true a fortnight is a long time in politics, and people can change their minds. It is also true that on the current arithmetic Mrs May is not just facing the loss of a crucial vote, but she is facing a landslide defeat. So far she has only mustered around 220 Conservative MPs who will probably vote for her proposal, with maybe 10 others from Opposition parties who might defy their party whips to support her. This leaves around 400 MPs of all parties who have said they will vote against. A defeat by around 170 would be a huge blow. The announcement by Sir Michael Fallon on Monday that he was against the Agreement was another big loss for her, as most had him down as a reliable government supporter.

What could she do instead? She could announce she has taken soundings and realises that her attempt to find a set of compromises with the EU has not produced an Agreement that suits either side or any party in the Commons. She will therefore cancel the debate and vote. Instead she would have to go back to the EU and tell them the draft Agreement they like is unacceptable to the UK Parliament. It either needs to be materially amended or the two sides need to agree on the UK leaving in March 2019 followed by free trade talks swiftly afterwards, or preferably starting immediately.

The amendment route looks unlikely to succeed. The EU has a long history of offering the UK too little too late to retain the country in its legal and political system, and will not take kindly to being told they have overdone it again. The rewrite necessary to the 585 page Withdrawal Agreement would be so wide ranging to make sure it can pass the Commons that it seems unlikely it could be achieved, even given lots of goodwill from the EU side.

This leaves us with exit and free trade arrangements, which is what will remain assuming Parliament does vote down Mrs May’s motion. Opposition forces in Parliament may want to find a way to delay Brexit or to push the idea of a second referendum, but this would not honour the results of the referendum. It would also require both the consent of each member state of the EU and new legislation in the UK in a Parliament with no government majority for any approach that entails deviating from implementing Brexit. It is no longer possible even if Parliament wanted it to legislate for a referendum and hold one prior to exit day on 29 March 2019.